Market giving us some significant opportunities yesterday…
No help from $SPY as it traded relatively sideways most of the day, closing down half a point.
Emotions were out strong yesterday, as sellers were jumping ship in a hurry.
Ask yourself this, what gets your heart racing quicker, excitement or fear?
The answer will give insight as to why price reacts to news the way it does.
Think about it…
We’re going into today’s session with 4 on watch.
Patiently waiting for some exhaustion and continuations.
Tip: when waiting for the backside, stay diligent with your stops in order to avoid getting squeezed.
$ALB, $CVX, $QCOM, $SLAB
